BTC funds coming to sure Quiznos retailers, due to Bakkt collaboration
An upcoming collaboration between Bakkt and Quiznos will permit clients to pay for meals at sure areas with Bitcoin (BTC).
Customers will be capable of pay in BTC at sure Quiznos retailers in Colorado’s capital as a part of an preliminary take a look at run, according to a public assertion on Tuesday. “The pilot will be available at select Quiznos locations across the Denver market, including the high-traffic Denver airport location, starting in mid-August,” the assertion mentioned.
Folks will be capable of pay with Bitcoin by way of Bakkt’s app — a flexible hub for holding and spending Bitcoin, in addition to managing reward factors and different options. Quiznos is owned by REGO Restaurant Group. REGO’s president, Mark Lohmann, mentioned within the assertion:
“Partnering with an innovative platform such as Bakkt is appealing to us for a number of reasons, primarily because it allows us to accept bitcoin directly at the point of sale as part of a quick and seamless transaction […] As we continue our digital transformation journey and respond to mobile and millennial consumer demand for alternative and cryptocurrency payment options, we are excited to offer yet another accessible way for customers to buy a meal, in this case, through the Bakkt digital asset wallet.”
The take a look at run comes with an additional perk as nicely. Quiznos goers will earn $15 of free Bitcoin in the event that they get Bakkt’s app, buy some BTC on it, after which spend that BTC at a collaborating Quiznos store, the assertion included.
“Through a partnership with Bakkt, merchants and franchisees have the opportunity to accept bitcoin payments from consumers while still benefiting from a cash-settled experience,” the assertion mentioned. The assertion was not clear on whether or not or not Quiznos would promote the acquired BTC immediately.
Cointelegraph reached out to Bakkt for remark, however didn’t obtain a response in time for publication.